Replies to post #2118 on Deep Well Oil and Gas (fka DWOG)

[wshaw14]

Do a little research. Dwog exceeded expectations on both production and SOR
If you have not looked lately, oil prices are kind of depressed. If one thinks they will stay low indefinitely, then yes this is a waste of time. If one believes they will go back up, DWOG has a very promising property.
It seems that there is only one other project I have found with a SOR of 2.1. This bodes very well for both the recovery factor and the cost of production. If one does not like DWOG one should not waste time and money.